Bonus Depreciation 2024 Aircraft. 27, 2017, and ending dec. If a taxpayer signs a contract to buy.
— the 2017 tax cuts and jobs act provides for 100 percent bonus depreciation, allowing taxpayers immediate deduction of the cost of aircraft acquired and placed in service after sept. — consistent with current law, there are transition rules which permit certain qualifying aircraft to use the 30 percent bonus depreciation rate if placed in service in.